EZ Bitcoin Matrix Review: 2×5 matrix bitcoin gifting
EZ Bitcoin Matrix provide no information about who owns or runs the company on their website.
The EZ Bitcoin Matrix website domain (“ezbitcoinmatrix.com”) was privately registered on May 4th, 2017.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
EZ Bitcoin Matrix Products
EZ Bitcoin Matrix has no retailable products or services, with affiliates only able to market EZ Bitcoin Matrix affiliate membership itself.
EZ Bitcoin Matrix affiliate membership provides access to ad credits, which can be used to display advertising on the EZ Bitcoin Matrix website.
The EZ Bitcoin Matrix Compensation Plan
EZ Bitcoin Matrix affiliates gift bitcoin to each other via a 2×5 matrix.
A 2×5 matrix places an EZ Bitcoin Matrix affiliate at the top of a matrix, with two positions directly under them:
These two positions form the first level of the matrix. The second level of the matrix is generated by splitting these first two positions into another two positions each.
Levels three to five of the matrix are generated in the same manner, with each new level housing twice as many positions as the previous level.
An EZ Bitcoin Matrix affiliate signs up and gifts 50 cents worth of bitcoin to an existing affiliate.
This unlocks level one of their own 2×5 matrix.
Two gifting payments are received from two affiliates either directly or indirectly recruited into the first level of their matrix.
This unlocks levels 2, wherein the process is repeated.
Gifting payments across all five levels of the EZ Bitcoin Matrix 2×5 matrix are as follows:
- level 1 – gift 50 cents to an existing affiliate and receive $1 from two subsequently recruited affiliates
- level 2 – gift $1 and receive $1 from four affiliates, also generates a new level 1 position
- level 3 – gift $3 and receive $3 from eight affiliates, also generates a new level 1 position
- level 4 – gift $20 and receive $20 from sixteen affiliates, also generates 40 new level 1 positions at a rate of one per day
- level 5 – gift $250 and receive $250 from thirty-two affiliates, also generates 2000 new level 1 positions at a rate of ten per day
Direct referral commissions are also paid when personally recruited affiliates cycle out of levels 3 to 5 of the matrix:
- level 3 – $1 direct referral commission
- level 4 – $10 direct referral commission
- level 5 – $500 direct referral commission
Joining EZ Bitcoin Matrix
EZ Bitcoin Matrix affiliate membership is free, however affiliates must gift at least 50 cents to participate in the attached income opportunity.
Full participation in the EZ Bitcoin Matrix gifting opportunity costs $274.50.
EZ Bitcoin Matrix is a simple bitcoin gifting scam, which heavily favors the anonymous admin running it.
Matrix-based gifting schemes launch with preloaded admin positions, enabling the admin to receive the majority of funds deposited.
In EZ Bitcoin Matrix this is particularly tilted, as each admin position generates 2042 new positions as each position’s matrix fills.
To put that into perspective, one EZ Bitcoin Matrix position requires 13,208 fifty cent gifting payments to fill a matrix.
2042 positions requires 27 million fifty cent gifting payments.
This only gets worse once you factor in the new positions the 2042 positions create as their matrices fill.
No refunds. All payments are final because your matrix position already entered the system and we can’t reverse this action.
In between the admin positions a few early adopters will make some money, but mathematics guarantees the majority of EZ Bitcoin Matrix affiliates will lose out.